https://www.avient.com/sites/default/files/2020-12/packaging-solution-bulletin-selector-guide.pdf
CHEMICAL RESISTANT TPEs ADD FUNCTIONALITY THAT BRINGS VALUE
TO CONSUMERS
• Chemical Resistance – Resists aggressive
soaps, detergents, lotions, oils and solvents
found in cosmetic, personal care and
household products
• Regulatory* – Compositionally compliant
with certain FDA and REACH regulations
• Value – Economical alternative to silicone
and over-engineered medical grade TPEs
• Easy to Process – Can be injection molded
and overmolded right onto the substrate
including PP, ABS, etc
https://www.avient.com/sites/default/files/2024-06/reSound REC TPEs for Automotive Interiors _AF 7210 series_ Product Bulletin.pdf
KEY CHARACTERISTICS
• Contains 51–59% recycled content, with a
minimum of 37% from PCR sources, including
closed-loop feedstock
• Provides comparable performance to virgin
TPEs
- Good UV stability
- Meets VIAQ standards for odor and fogging
• Supports compliance with the ELV Directive
• Provides a more sustainable alternative to
virgin TPE grades and supports a reduction in
product carbon footprint (PCF)
• Can be injection molded and overmolded
onto PP
KEY APPLICATIONS
The reSound REC TPEs – AF 7210 series has
been developed for use in automotive interior
applications such as cup holder mats, phone
charging mats, peddle covers, boot/trunk lining,
HVAC flaps and other center console parts.
https://www.avient.com/sites/default/files/2025-03/Cesa Raise Product Bulletin.pdf
The PET packaging market is experiencing
significant growth, driven by increasing
sustainability demands, higher recycling targets,
and the shift away from alternative materials
such as polystyrene (PS) or polypropylene (PP).
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Operating Income
$3,783
$4,300
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Previous
Guidance
Current
Guidance
$3,783
$4,650
$308
$410
$308
$430
$1.93
$2.80
$1.93
$3.00
(1) (1)(1)
(1)(1) (1)
$442
$457
$580
$1.74
$1.93
$3.00
FULL YEAR 2019 – 2021 ORGANIC GROWTH
16
Sales Adjusted EBITDA
$3,981
$3,783
$4,650
+ 17%
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1)(1)
+ 31% + 72%
($ in millions)
2021E Adjusted EBITDA 580$
Free Cash Flow 280$
Total Debt 1,860
Less: Cash (755)
Net Debt 1,105$
2021E Net Debt / Adjusted EBITDA 1.9x
17
BALANCE SHEET
• Acquisition of Magna Colours completed on
July 1 – expands sustainable solutions
portfolio through water-based inks technology
• Deleveraging to 1.9x net debt to adjusted
EBITDA by the end of 2021
• Driven by record adjusted EBITDA
performance and strong free cash flow
generation from asset light business
• Future cash deployment: M&A, opportunistic
share repurchases and balance sheet /
continued leverage reduction
3.5x
2.7x
1.9x
Net Debt / Adjusted EBITDA
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
SUSTAINABILITY FOR A BETTER TOMORROW
• Revenue from sustainable solutions expected to
grow 14% in 2021 as our innovation efforts and
collaboration with customers continues to accelerate
• Investments centered around innovation and global
sustainability megatrends
o Enabling a circular economy – Technologies that
allow for increased use of post-consumer recycled
(PCR) material and improve recyclability of plastics
o Light-weighting – Composites and CAI applications
to reduce weight and material requirements, which
minimize energy and carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative materials
to replace lead, PVC, halogens, BPA and other less
eco-friendly options
2016 2017 2018 2019 2020PF**
Bio-polymers Reduced Energy Use Human Health & Safety
Sustainable Infrastructure VOC Reduction Recycle Solutions
Eco-Conscious Lightweighting
Revenue From Sustainable Solutions* 2016-2020
$405M
$455M
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Masterbatch business
$340M
$550M
$790M
19
Key Updates
• Includes Clariant Masterbatch performance
• Increases disclosures and ESG data
• Provides performance updates on 2030 Sustainability Goals
• Commits to operational carbon neutrality in 2050 and 100%
renewable energy by 2050 (RE 100)
• Announces Avient’s participation in U.N.
Our free cash flow supports
shareholder value creation through
investing in R&D for organic growth,
completing bolt-on acquisitions, and
returning cash to shareholders via our
dividend program and opportunistic
share repurchases.
24 1.
With the Clariant Masterbatch
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
25
Avient reflects 2021 estimated EBITDA of $580M
OUR VALUATION VERSUS PEERS
Avient Specialty
Other
9.5
18.5
15.1 15.1
14.0
11.0 10.4
29.5
28.2
23.9
18.7
12.4 12.2
11.1
9.3 9.2 9.2
7.6 7.6
6.0
en
t
Median: 11.1xMedian: 14.6x
SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
2021 PE RF O RM AN CE
$80
$85
$0.52
$0.58
Q4 2021 PERFORMANCE
Sales Adjusted Operating Income
$997
$1,202
+ 21%
Adjusted EPS
+ 6% + 12%
(in millions) (in millions)
$308
$429
$1.93
$3.05
FULL YEAR 2021 PERFORMANCE
Sales Adjusted Operating Income
$3,783
$4,819
+ 27%
Adjusted EPS
+ 39% + 58%
(in millions) (in millions)
(1) (1) (1)
FULL YEAR 2021 SEGMENT PERFORMANCE
6
$2,043
$2,402
SEM Distribution
$226
$303
+ 18% + 34%
$1,110
$1,631
$70
$93
+ 47% + 33%
$709
$919
$94
$132
+ 30% + 40%
Full Year 2020 (Pro forma) $3,783 $308
Sustainable Solutions 147 19% 60
Healthcare 143 28% 30
Composites 58 43% 29
Growth in Asia / LATAM 107 21% 26
Other 543 30% 58
Sub-total $4,781 26% $511
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (22) (12)
Synergies 44
FX, Incentives, Other Employee Costs 60 (60)
Full Year 2021 $4,819 27% $429
FULL YEAR 2021 SALES AND OPERATING INCOME
Sales Growth Rate
Operating
Income$ millions
8
Full Year 2020 (Pro forma) $ 457
Demand 135
$ millions
CAI:
Price / Mix 158
Inflation (120)
SEM:
Price / Mix 84
Inflation (65)
Distribution:
Price / Mix 318
Inflation (304)
Net Price Benefit 71
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (12)
Synergies 44
Incentives, FX, Other Employee Costs (60)
Full Year 2021 $ 581
• Demand impact driven by growth
in key focus areas: sustainable
solutions, healthcare, composites
and growth in Asia / LATAM
• Price increases more than offset
raw material and supply chain
impacts
FULL YEAR 2021 EBITDA BRIDGE
SPECIALTY EBITDA MARGIN EXPANSION
9
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Color business
15.3% 15.2%
16.2%
17.0%
2018 2019 2020 2021
14.8%
15.2%
17.6% 17.8%
2018 2019 2020 2021
SEM
• Record margins in 2021 despite
unprecedented supply chain challenges
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Color synergy realization
• Investments in composites and outdoor
high performance applications drove
growth and mix improvements
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $54 million of synergies realized in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.
Our free cash flow supports
shareholder value creation through
investing in R&D for organic growth,
completing bolt-on acquisitions, and
returning cash to shareholders via our
dividend program and opportunistic
share repurchases.
27 1.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
HIGH FREE CASH FLOW
CONVERSION
Avient reflects 2021 estimated EBITDA of $635M and estimated CAPEX of $90M (excludes IT system upgrade of $25M and synergy capture CAPEX of $20M)
Source: Peer data per Bloomberg market data as of February 15, 2022
86 89
85
80
76 76
89
85
79 78 76 76 76
70 69
63
8
LB
Source: Peer data per Bloomberg market data as of February 15, 2022
Total Enterprise Value / 2022E EBITDAWith the Clariant Color business
acquisition and divestment of the
PP&S business, our exposure is
now concentrated in less-cyclical
and high-growth markets.
https://www.avient.com/sites/default/files/2022-07/ECCOH 5161 - OFC Blowing Application in Railways - Application Snapshot.pdf
OFC TECHNOLOGY
LEADER
M I C R O B U N D L E S I N B L O W I N G
A P P L I C A T I O N F O R R A I L W A Y S
• Strippable with fingers for easy installation/access to fibers
• High speed processing at a low wall thickness
• Low shrinkage
• Resistance to chemicals and filling compounds
• Meet XP C93-850-1-1 standard
• Re-designed cable to provide advantageous
functional and economical value
• Improved flexibility compared to PBT and PP
tubes, allowing longer blowing distances on paths
with angles of 90°
• Increased processing speed and improved ease
of installation
• Provided better cable lifetime value compared to
alternative solutions
ECCOH™ 6151 UV SEPAP Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-08/Textile _ Fabric OnColor REC Snapshot.pdf
FIBER
MANUFACTURER
T E X T I L E S & F A B R I C S
• Provide a Product Carbon Footprint (PCF) calculation to align
with ISO 14067:2018 and to help in meeting sustainability
goals
• Procure feedstock from renewable resources
• Maintain comparative performance to conventional carbon
black
• Achieve color stability under xenon arc and TUV testing
• Offer solutions for rPET, PP, PE, PBT, and PA6 where a
desire for environmentally responsible products exists
• Offered sustainable platform approach supported by
extensive fiber expertise
• Helped meet sustainability targets while attaining all
design and engineering goals
• Supplied necessary PCF calculation certified by
TÜV Rheinland and aligning with ISO 14067
requirements
• Provided effective alternative to virgin carbon black
• Achieved reductions in CO2e emissions vs.
https://www.avient.com/sites/default/files/2025-04/OnForce - electronic card reader case study snapshot.pdf
AUTOMOTIVE
MOLDER TIER 1
E L E C T R O N I C C A R D R E A D E R
P A R T F O R M U L T I M E D I A H U B
• Aluminum replacement
• Good mechanical properties
• PP with 40% Long Glass Fiber
• Meet the strict automotive OEM specification
• Designed a material solution to obtain all critical
mechanical criteria and supply the OEM in a short
timeframe
• Delivered tailored strategy while offering global
reach
OnForce Long Fiber Reinforced
Thermoplastic Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-09/Maxxam FR Polyolefin Formulations - Product Overview.pdf
Custom products can be formulated with
recycled PP and PE.
KEY CHARACTERISTICS
• UL 94 V-2, V-0, 5VA ratings and elevated
RTI ratings
• GWFI (IEC 60695-11-10) up to 960°C
• Comparative Tracking Index (CTI) PLC 0,
600V ratings
• Injection molding and extrusion grades
• Non-halogen grades available
• Low dielectric performance with selected
formulations
• Good recyclability
• Colorable
MARKETS & APPLICATIONS
Applications that require flame retardant
performance including:
• Transportation: Interior components, seat
components, door panels, aircraft interiors,
railway interiors, boat interiors
• Construction & Building Materials: Cable
insulation, pipes and fittings, insulation
materials
• Consumer – Appliance casings, housings,
covers, fume hoods, battery packages, furniture
• Industrial Equipment: Machine housings
• Energy, Electrical & Electronic, E-Mobility:
Battery frames, electrical housings, connectors
• Telecommunication: Cable management
• Packaging: Transportation of sensitive goods
• Healthcare: Medical device housings and
components
PRODUCT BULLETIN
MAXXAM FR FLAME RETARDANT POLYOLEFIN FORMULATIONS
Non-halogenated Halogenated
PP Homopolymer Copolymer Homopolymer Copolymer
Unit Unfilled Glass Fiber Mineral Unfilled Glass Fiber Mineral Unfilled Glass Fiber Mineral Unfilled Glass Fiber Mineral
Characteristic Talcum Talcum Talcum Talcum
Reinforcement Mass-% 0 5–30 5–30 0 20–30 5-20 0 5–30 5–20 0 5–30 5–20
Colorable – ++ ++ + ++ ++ + + + + + + +
Density g/cm3 0,9–1,08 1,28–1,37 0,98–1,55 0,92–1,06 1,25–1,35 0,95–1,28 0,94–1,04 1,3–1,55 1,01–1,42 0,96–1,01 0,94–1,58 0,95–1,46
Tensile Strength MPa 25–30 30–70 25–35 16–22 40–65 15–25 25-–35 30–70 25–35 20–24 20–55 -25
E-Modulus (Tensile) MPa 1600–2500 2500–8200 2500–4000 800–1200 2000–8000 1600–3000 1300–2000 3000–8900 1900–3500 1000–1400 1200–7500 1500–3000
Izod Impact 23°C notched % 2,0–4,5 3,5–7,5 2,5–4,5 5–40 2,5–18 2,5–6 2,5–4,5 3,5–6,0 3,0–7,0 4,0–40 2,5–16 2,5–10
Max.
https://www.avient.com/sites/default/files/2024-11/Color and Additive W_C Product Selection Guide_Web.pdf
ONCOLOR™ COLOR CONCENTRATES
• Complete range of in-stock color solutions
designed specifically for telecommunications,
energy, and automotive applications
- Complete Munsell color range for
telecommunications applications
- Complete NEMA color range for electrical
applications
- J1128 SAE specifications for automotive
applications
- UL 2885 file E482856 for halogen-free
formulations
• Custom color solutions for your most demanding
low smoke, non-halogenated, UV, temperature,
aging, and shrinkage requirements
• Weatherable pigments providing color fade
resistance for demanding outdoor applications
• Optimized formulations for cross-linked
polyethylene wire and cable constructions
CESA™ PERFORMANCE ADDITIVE
CONCENTRATES
Custom designed additive solutions for your specific
applications, providing added value through ease of
processing, product performance, and operational
cost savings
• Laser marking - improve marking reliability
and durability in all types of cable jacketing and
insulating materials
• Antimicrobial - help protect cables from harmful
mold and bacteria growth
• Nucleating agents - maintain critical dimensions
and manage shrink characteristics
• Chemical foaming agents - take out weight and
reduce resin costs
• UV stabilizers - protect resin material and extend
product life
• Antioxidants - maintain physical properties
• Processing aids - minimize die drool associated
with some materials
COLORANT CHROMATICS™ HIGH-
TEMPERATURE POLYMER SOLUTIONS
• Fluoropolymer and high-temperature
thermoplastics-based colorant and additive
concentrates and compounds
• Dispersed pigments for coloring PTFE
• Functional additives including laser marking,
foaming agents, and conductive, antistatic,
radiopaque, reinforced, and cross-linked grades
• Full range of printing, striping, and marking inks
PRODUCT
LET DOWN
COLOR
CC10225921 1.00% Black
CC00012573 1.00% White
CC10222359 1.00% Red
CC10223395 1.00% Gray
CC10222361 1.00% Green
CC00012376 1.00% Blue
CC10222363 1.00% Orange
CC10222360 1.00% Yellow
CC10223394 1.00% Brown
CC00012516 1.00% Purple
CC10062368 1.00% Aqua
CC10223396 1.00% Pink
C
PRODUCT
LET DOWN
COLOR
CC00000001 1.00% Black
CC00012837 1.00% White
CC10225296 1.00% Red
CC10225298 1.00% Gray
CC10225300 1.00% Green
CC10225295 1.00% Blue
CC10225297 1.00% Orange
CC10225299 1.00% Yellow
CC10225301 1.00% Brown
CC10225603 1.00% Purple
CC10225293 1.00% Aqua
CC10225294 1.00% Pink
PE
ONCOLOR™ SOLUTIONS FOR TELECOMMUNICATIONS
• PVC colorants designed for telecommunications and fiber optic applications
• PE colorants that are excellent for foam skin and solid insulation applications
• EVA colorants designed for cross-linked materials and resin applications including XLPE, XLPO, PVC, PE, and more
PRODUCT
LET DOWN
COLOR
CC00012853 1.00% Black
CC00012946 1.00% White
CC10221766 1.00% Red
CC10221760 1.00% Gray
CC10221765 1.00% Dk Green
CC10221764 1.00% Lt Green
CC10221757 1.00% Dk Blue
CC10221761 1.00% Lt Blue
CC10221767 1.00% Orange
CC10221763 1.00% Yellow
CC10221758 1.00% Brown
CC10221762 1.00% Purple
CC10224626 1.00% Tan
CC10221759 1.00% Pink
EV
A
PRODUCT
LET DOWN
COLOR
CC10190635 3.00% Black
CC10190642 3.00% White
CC10190641 3.00% Red
CC10190637 3.00% Gray
CC10190638 3.00% Green
CC10185195 3.00% Blue
CC10185197 3.00% Orange
CC10190643 3.00% Yellow
CC10190636 3.00% Brown
CC10190640 3.00% Purple
CC10190634 3.00% Aqua
CC10190639 3.00% Pink
PB
T
PRODUCT
LET DOWN
COLOR
CC10246438WE 2.00% Aqua
CC10245005WE 2.00% Black
CC10246090WE 2.00% Blue
CC10264438DR 2.00% Brown
CC10245008WE 2.00% Gray
CC10246092WE 2.00% Green
CC10264439DR 3.00% Orange
CC10261866DR 2.00% Pink
CC10261867DR 2.00% Purple
CC10264436DR 2.00% Red
CC10245006WE 2.00% White
CC10246093WE 2.00% Yellow
U
L
85
ONCOLOR™ SOLUTIONS FOR ENERGY CABLE APPLICATIONS
• Recommended use rate may vary depending on specific application, process, equipment, and resin grade
PRODUCT
LET DOWN
COLOR
(NEMA)
CC00012342 1.00% Black
CC00012575 1.00% White
CC00012547 1.00% Red
CC10018221 1.00% Gray
CC00012444 1.00% Dk Green
CC10018222 1.00% Lt Green
CC00012408 1.00% Dk Blue
CC00012407 1.00% Lt Blue
CC10013140 1.00% Orange
CC00036502 1.00% Yellow
CC00012363 1.00% Dk Brown
CC00012373 1.00% Lt Brown
CC00012526 1.00% Purple
CC10018225 1.00% Tan
C
PRODUCT
LET DOWN
COLOR
(NEMA)
AB13820380 3.00% Yellow
AB24820333 3.00% Orange
AB32820571 3.00% Pink
AB33820570 3.00% Red
AB44820167 3.00% Purple
AB54820507 3.00% Dark Blue
AB63820502 3.00% Dark Green
AB72820811 3.00% Gray
AB84820533 3.00% Brown
AB94820333 3.00% Black
CC00016954 1.00% White
N
YL
O
N
ONCOLOR™ SOLUTIONS FOR AUTOMOTIVE APPLICATIONS
• EVA colorants designed for use with cross-linked materials such as XLPE
• Recommended use rate is 1.00% and may vary depending on specific application, process, equipment,
and resin grade
PRODUCT
LET DOWN
RATIO COLOR
CC00012853 1.00% Black
CC00012946 1.00% White
CC10221766 1.00% Red
CC10221760 1.00% Gray
CC10221765 1.00% Dk Green
CC10221764 1.00% Lt Green
CC10221757 1.00% Dk Blue
CC10221761 1.00% Lt Blue
CC10221767 1.00% Orange
CC10221763 1.00% Yellow
CC10221758 1.00% Brown
CC10221762 1.00% Purple
CC10224626 1.00% Tan
CC10221759 1.00% Pink
EV
A,
J
11
PRODUCT
LET DOWN
RATIO COLOR
CC00012342 1.00% Black
CC00012575 1.00% White
CC00012535 1.00% Red
CC00012461 1.00% Gray
CC00012425 1.00% Dk Green
CC00012426 1.00% Lt Green
CC00012379 1.00% Dk Blue
CC00012378 1.00% Lt Blue
CC00012490 1.00% Orange
CC00012585 1.00% Yellow
CC00012363 1.00% Brown
CC00012525 1.00% Purple
CC00012561 1.00% Tan
CC00012507 1.00% Pink
C,
J
11
A RANGE OF WORLD-CLASS SERVICES
With manufacturing facilities and innovation centers across the globe, we work
with you to understand your goals and provide the expertise you need for your
wire and cable applications.